Exceptional opportunity to own a fully renovated multi-family property in a prime Chicopee location near Elms College and just minutes from Interstate 91 for easy commuting. This turnkey property has been thoughtfully updated throughout, featuring modern kitchens remodeled in 2020 with stylish finishes, updated cabinetry, and functional layouts designed for today’s lifestyle. The second-floor unit is enhanced by a connected finished attic, creating additional living space ideal for extended family, a home office, or added flexibility—an increasingly sought-after feature. A rare highlight is the newly constructed 4-car garage, offering incredible value for storage, parking, or potential rental income. The property also sits on a large backyard, perfect for outdoor enjoyment or future possibilities. Located close to new parks, local amenities, and the revitalized downtown Chicopee area. The house is empty buyers failed to secure financing and its ready for her new owners!!!!
This home has been viewed 4 times
Last Checked: October 30th, 2026 at 7:08am (Source: MLS PIN #73490720)
Gross Income: $21,600
Gross Expenses: $4,901
Net Income Calc: $16,699
Annual Expenses for 65 Stearns Ter, Chicopee MA 01013
Total Gross Expenses (Calculated)$4,901/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4901
Annual Income & Unit Breakdown for 65 Stearns Ter, Chicopee MA 01013
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 65 Stearns Ter, Chicopee MA 01013
Listing ID73490720
Property TypeMulti Family
Price489000 ($186.36/SqFt)
StyleMulti Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total2624
Approximate Lot Size (Acres)0.36
Total Parking8 (2 Garage)
Garage Parking2
Year Built1923
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 65 Stearns Ter, Chicopee MA 01013
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 65 Stearns Ter, Chicopee MA 01013
Real Estate Taxes4901
Tax Year2025
Assessed Value$323,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 65 Stearns Ter, Chicopee MA 01013
Neighborhood(s)
Area Amenities
Contact Information for 65 Stearns Ter, Chicopee MA 01013